2023 Form 5500 filing — Coway Usa Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011181435NAL0011263875001) for Coway Usa Inc. 401(K) Plan, reported by Coway Usa Inc. under EIN 71-1012437 and plan number 001. It reports 445 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$5.5MReported net assets$5,521,126
Participants445
Provider compensation$52.2K4 Schedule C row(s)$52,165
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011181435NAL0011263875001
- Plan sponsor
- Coway Usa Inc.
- EIN
- 71-1012437
- Plan number
- 001
- Location
- Los Angeles, CA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$5.5M total assets
Net assets$5.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,521,126
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,521,126
- Employer contributions
- $376,704
- Participant contributions
- $1,239,010
- Total income / additions
- $2,365,393
- Benefits paid
- $166,758
- Administrative expenses
- $38,471
- Total expenses
- $205,229
- Net increase / (decrease)
- $2,160,164
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,246 | $0 |
| Sbhu Life Agency Inc | OTHER SERVICES | $0 | $11,733 |
| Orenda Retirement LLC | CONTRACT ADMINISTRATOR | $3,225 | $1,961 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |